Homes by Carolyn Fischman

300 RHODE ISLAND Street SE, Albuquerque, NM 87108 (MLS# 1073830)

300 RHODE ISLAND Street SE, Albuquerque, NM 87108

$825,000
Property Type: Residential Income Square Footage: 9,257 Lot Size (sq. ft.): 27,007 Status: Closed
Current Price: $825,000 List Date: 11/12/2024 Last Modified: 9/25/2025

Overview

Description

Incredible opportunity! Rare 15-plex on a quiet cul-de-sac street in the Trumbull Village neighborhood. Two 2BR (approx 900 sf) and thirteen 1BR units (approx 600 SF). Rent roll and expenses on attached documents or emailed by request to listing broker. Low overhead! Individually metered for gas/elec. All 3 buildings have newer roofs. Window A/C's, wall heaters. North and South buildings are one story, East/Middle building is two stories. Large Mature shade trees create a pleasant courtyard. Each unit has a small patio/yard area. Drive by only, do not disturb tenants. Interior viewing with accepted offer. Lots of upside potential! Motivated seller!

Listing Details MLS# 1073830

Status Change Info

Pending Date
2025-09-15
Closing Date
2025-09-24

Contract Information

List Price/SqFt
89.12

Location

Street #
300
Street Name
RHODE ISLAND
St Suffix
Street
Post Direction
SE
County
Bernalillo
City/Town Code
Albuquerque
State/Province
NM
Zip Code
87108
Zip +4
4182
MLS Area Major
71 - Southeast Heights
Zone Atlas
L19

General Property Description

# of Units
15
5+ Units
Yes
Property Sub-Type
Multi-Family
Living Area
9257
SqFt Source
Broker
Lot Size Source
On-Line
Acres
0.62
Lot SqFt
27007.2
Directions
From I-40 Exit 164, Wyoming Blvd, go S for 1.1 mi, then take a Rt on Zuni, go .2 mi, then Left on Utah. Go 1 blk, then Rt on Bell Ave. Go 3 Blks to Rhode Island St, Go Rt. Complex at the end of the cul-de-sac on Rt. Park on street, not tenant spaces.
Stories
Yes
Total # of Buildings
3
Year Built
1956
Year Built Source
Public Records
Age
Select One
Accessory Dwelling Unit
No
Disability Access
No
LBP Disclosure
Yes
Builder
unknown
Owner Occupant Unit
No
Flood Zone
X

Cooling

Centrally Ducted
No
Window Unit(s)
Yes

Basement

Basement
No

More Information

Sales Info

Trade/Xch Considered
No

# of Unit Types (1)

# of Units
13
# of Bedrooms
Yes
# Baths
Yes
Approx. SqFt
600
Actual Rent
640
Max Rent
750
Market Rent
750

# of Unit Types (2)

# of Units
2
# of Bedrooms
2
# Baths
Yes
Approx. SqFt
900
Actual Rent
850
Max Rent
900
Market Rent
900

Unit Summary

Total Units
15
Average Unit Size
640
Average Actual Rent
668
Annualized
120240
Total Actual Rent
10020

Currently Not Used

Bank Owned
No

City/County Data

UPC Code
101905631749311610

Tax & Legal Info

GRT Code
02-100
Tax Exemption
Unknown
Tax Annual Amount
2837

Construction Materials

Frame
Yes
Stucco
Yes

Amenities

Laundry Community
Yes
Private Patios
Yes

Flooring

Vinyl
Yes

Heating

Wall Unit
Yes

Owner Pays

Sewer
Yes
Trash Removal
Yes
Water
Yes

Tenant Pays

Electric
Yes
Gas
Yes

Build Description

Resale
Yes

Appliances included

Free-Standing Electric Range
Yes
Refrigerator
Yes

Utilities

Cable Connected
Yes
Electricity Connected
Yes
Natural Gas Connected
Yes
Phone Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Green Energy Generation

None
Yes

Electric Provider

Public Utility
Yes

Metering

Individual Electric
Yes
Individual Gas
Yes

Parking

1 Space Per Unit
Yes

Roof

TPO (G)
Yes

Finance Considered

Cash
Yes
Conventional
Yes

Rental Info

Other - See Remarks
Yes

Zoning

R-ML*
Yes

Property Features

Construction Materials: Frame; Stucco Build Description: Resale Amenities: Laundry Community; Private Patios Appliances included: Free-Standing Electric Range; Refrigerator Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected; Sewer Connected; Water Connected Heating: Wall Unit Cooling: Window Unit(s) Flooring: Vinyl Green Energy Generation: None Electric Provider: Public Utility Metering: Individual Electric; Individual Gas Owner Pays: Sewer; Trash Removal; Water Tenant Pays: Electric; Gas Parking: 1 Space Per Unit Roof: TPO (G) Rental Info: Other - See Remarks Finance Considered: Cash; Conventional Zoning: R-ML*
Listing Office: HomeSmart Realty Pros
Last Updated: September - 25 - 2025
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

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